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Item 18 - ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs
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Item 18 - ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs
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3/5/2024 4:14:47 PM
Creation date
8/9/2023 3:34:30 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Human Resources
Item #
18
Date
8/1/2023
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Human Resources <br />www.santa-ana.org/human-resources <br />Item # 18 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br /> Staff Report <br />August 1, 2023 <br />TOPIC: ICRMA JPA Renewal / Broker Agreement / Associated Premiums and Costs <br />AGENDA TITLE <br />Approve Renewal of Joint Powers Authority Agreement between the City of Santa Ana <br />and Independent Cities Risk Management Authority (ICRMA), and Agreement between <br />the City of Santa Ana and Arthur J. Gallagher and Approve Appropriation, Associated <br />Insurance Premiums, Costs, Programs, and Regulatory Fees for an Amount Not to <br />Exceed $11,625,000 (Non-General Fund) <br />RECOMMENDED ACTION <br />1. Authorize the City Manager to approve the Agreement between the City of Santa <br />Ana (“City”) and Arthur J. Gallagher, broker of record, from July 1, 2023 to June 30, <br />2024, for insurance brokerage services, subject to non-substantive changes <br />approved by the City Manager and City Attorney. <br />2. Authorize the City Manager to approve payment of insurance premiums and <br />associated programs to ICRMA in an amount not to exceed $7,500,000 protection of <br />City assets, from July 1, 2023 to June 30, 2024 including but not limited to: <br />a. Excess Liability Program <br />b. Excess Workers’ Compensation Program <br />c. Auto Physical Damage Program <br />d. Property and Equipment Program <br />e. Crime Program <br />f. Cyber Program <br />g. Associated Programs <br />3. Authorize the City Manager to approve payment of insurance premiums to Arthur J. <br />Gallagher, Broker, in an amount not to exceed $3,325,000 for ancillary coverages of <br />City’s assets, from July 1, 2023 to June 30, 2024 including but not limited to: <br />a. General Liability Buffer Program <br />b. Workers’ Compensation Buffer Program <br />c. Earth Movement & Flood and Difference in Coverage Program <br />d. Terrorism Insurance Program <br />e. Underground Storage Tank and Environmental Program
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